What does +130 mean in betting?
+130 means a $100 bet wins $130, and a $10 bet wins $13. The price says it wins 43.5% of the time, so at +130 you make money on bets that win more than 43.5% of the time.
In plain words
+130 is an underdog: a $100 bet wins $130, and a $10 bet wins $13.
The price says it wins 43.5% of the time, about 4.3 times in 10. You will lose more of these than you win. That is fine when the real chance is above 43.5%, because each win covers 1.3 losses.
Expect cold runs. At 43.5%, the chance of losing five in a row is 5.8%. Bet sizes that survive those runs matter more than any single pick.
Where you see +130
An underdog that wins about two times in five by its price. Often across from a -150 favorite.
100 bets at +130
| Win rate | Wins in 100 | Result on 100 bets of $10 |
|---|---|---|
| 40.5% | 40.5 | -$69 |
| 43.5% (break-even) | 43.5 | $0 |
| 46.5% | 46.5 | +$69 |
Three points above break-even turns 100 bets of $10 at +130 into about $69 of profit; three points below loses about the same. The edge is the few points, not the pick.
Prices next to +130
| Price | Chance | $10 wins | Bet to win $100 |
|---|---|---|---|
| +115 | 46.5% | $11.50 | $86.96 |
| +120 | 45.5% | $12 | $83.33 |
| +125 | 44.4% | $12.50 | $80 |
| +130 | 43.5% | $13 | $76.92 |
| +140 | 41.7% | $14 | $71.43 |
| +150 | 40.0% | $15 | $66.67 |
| +175 | 36.4% | $17.50 | $57.14 |
One step better for you, +140 pays $10 more than +130 on every $100 bet that wins.
Convert +130 or any other price, see what a ticket pays, or get a suggested bet size for your bankroll.
Questions
What does +130 mean in betting?
+130 means a $100 bet wins $130, and a $10 bet wins $13. The price says it wins 43.5% of the time, so at +130 you make money on bets that win more than 43.5% of the time.
How much does a $10 bet win at +130?
$13 in profit. You get $23 back in total: your $10 plus the win. A $100 bet wins $130.
What win rate do I need at +130?
More than 43.5% to make money over time. That is the price's implied chance, also called the break-even rate.
What is +130 in decimal odds?
2.3. A $1 bet returns $2.3 in total. As a fraction it is 13/10.
Is +130 worth betting?
Only when the real chance is above 43.5%. A side that wins 48.5% of the time at +130 makes about $11.50 per $100 bet on average; one that wins 38.5% loses about $11.50.
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